The Federal Reserve will release the results of the inaugural senior credit officer opinion survey on dealer financing terms (SCOOS) on July 13.
The quarterly survey provides information about the availability and terms of credit in securities financing and over-the-counter (OTC) derivatives markets, crucial conduits for leverage in the financial system.
The survey panel for this quarter’s SCOOS included approximately 20 dealers and may be expanded to include five others in the future. These firms make up almost all of the dealer activity in the dollar-denominated securities financing and OTC derivatives markets.
The survey, conducted in late May and early June, is directed to senior credit officers who maintain a consolidated perspective on credit risk management.
SCOOS results will include a narrative summary and tables showing the distribution of responses to each question, according to the Federal Reserve.